AFL-CIO President Richard Trumka (with striped tie) and other union leaders headed up a ‘Main Street to Wall Street’ rally in New York City April 29. Anti-Wall Street sentiment following a string of big bailouts has many insisting on a financial reform bill that ends bank bailouts. But many banking experts say bailouts will happen again.

"Orderly liquidation." The words appear prominently in financial reform bills to overhaul the way the US government will regulate America's financial system in the aftermath of a near-meltdown in late 2008.

The idea is that if a large firm gets into trouble in the future, it can't expect any generous taxpayer bailouts, as happened at American International Group (AIG) and other firms. Rather, if a large bank takes big risks that go awry, regulators will preside over its dismemberment with steely resolve.

That, at least, is the simple message lawmakers say they want to send with legislation that's moving into its second week of Senate floor debate.